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An allusion to caged canaries (birds) that miners would carry down into the mine tunnels with them. If dangerous gases such as methane or carbon monoxide leaked into the mine, the gases would kill the canary before killing the miners, thus providing a warning to exit the tunnels immediately.

Thanks to rampant real estate development that revitalized the city starting in the '90s, Dublin has been something of a canary in a coal mine with regard to the global financial meltdown — the credit crunch hit here early and hard.